ZIP Code 87365

In ZIP code 87365, near Gallup, the county-level property tax rate of 2.00% weighs heavily against a per-capita income of $20,778. A home assessed at $150,000 would generate roughly $3,000 in annual property taxes, a sum that consumes a substantial share of what an average resident earns in a year. Combined with a 4.88% sales tax on everyday purchases, housing costs here stretch budgets thin. Buyers weighing a move should consider how home prices interact with that 2.00% rate and whether local wages can absorb both the tax bill and daily expenses.